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January 30, 2020
ASIA: The coronavirus is taking all the headlines today, as the number affected has grown exponentially (standing at 170 deaths) and all states in China are now affected. Our colleagues in China have reported that highways have been closed and the public needs special permission to travel from city to city. There has been a […]
January 29, 2020
ASIA: The coronavirus outbreak has taught the world a lesson on how much they depend on China. Ford and Toyota will stop some of their vast Chinese assembly plans for an extra week. Apple is preparing a plan to re-route their supply chains. Starbucks closed thousands of their stores and is warning of a financial […]
January 28, 2020
ASIA: Global firms are stopping staff travel to China and urging their workers inside the country to stay out of the office as coronavirus has continued to spread from the central city of Wuhan to the rest of China and beyond. HSBC has banned all staff from traveling to Hong Kong for two weeks and […]
January 27, 2020
ASIA: Global markets slid down on the back of coronavirus concerns in China. Major financial markets around the world have been rocked as an exodus of foreign workers from China intensified fears over the impact of the coronavirus for the world’s second largest economy. Global shares slid as fears intensified over the potential impact of […]
January 24, 2020
ASIA: China is experiencing an outbreak of the coronavirus that has affected 900 people and taken the lives of 26. The Chinese Government has put 13 cities on lockdown which affects 36 million people. The virus has spread to other countries as well, with the first case in France being reported today. Neha Narula, […]
January 23, 2020
ASIA: India is planning to send a “female” humanoid robot called Vyommitra into space as part of an unmanned mission that could launch this year. Indian Space Research Organization head K. Sivan described the robot as a “half-humanoid” as it does not have any legs. Vyommmitra will speak two languages to communicate with mission control, […]
January 22, 2020
ASIA: Consumption, healthcare, and technology are three sector key sectors for investing in China, said Chairman and CEO of CITIC Capitals on Tuesday at the World Economic Forum in Davos, Switzerland. Chinese consumption is growing faster than GDP, making the sector a bright spot for investing. Zhang said that healthcare is an important sector as […]
January 21, 2020
ASIA: Many business leaders at the World Economic Forum raised concerns over whether the latest round of trade negotiations between China and US will result in a “phase two” deal before the end of President Donald’s first term. The biggest roadblocks that leaders identified for the phase two deal are US tariffs on Chinese goods […]
January 17, 2020
ASIA: China’s annual growth rate was reported as its weakest in 29 years. The growth rate was 6.1% with Chinese officials stating that the economy was stable. Other numbers reported were that population growth was also slowing with Chinese citizens having fewer children than in previous years. Malaysia is talking to the Indian government and […]
January 16, 2020
ASIA: The Trump administration is looking to make progress in phase two trade talks with China, according to a statement made today by White House trade adviser Peter Navarro. The US wants to work on preventing China from subsidizing its state-owned enterprises. “It’s just insane that Chinese government officials continue to hack into American businesses […]